The Malta Development Association said Malta's property market registered its strongest April ever recorded, with the value of Promise of Sale agreements reaching €646 million during the month, as both the volume and value of agreements continued to rise sharply compared to the same period last year.

In a statement Wednesday, the MDA said that Malta property market continued to demonstrate resilience and sustained confidence during the first four months of 2026, with the latest Promise of Sale data confirming another exceptionally strong period for the sector.

Figures for April 2026 showed that the number of Promise of Sale agreements increased from 1,593 in April 2025 to 1,738 in April 2026, representing an increase of approximately 10%.

At the same time, the total declared value of Promise of Sale agreements rose significantly from €551.7 million to €646 million, reflecting an increase of more than €94 million, or approximately 17%.

In both volume and value, April 2026 registered the strongest April ever recorded for the Maltese property market.

The positive trend is also clearly reflected in the cumulative January to April figures.

During the first four months of 2026, the total value of Promise of Sale agreements reached approximately €2.255 billion, compared to approximately €1.908 billion during the same period in 2025.

This represents an increase of around €347 million within a single year.

The Malta Development Association said that these results continue to highlight the importance of the property sector as one of the main pillars of the Maltese economy, while also reflecting the continued confidence that Maltese families, investors, and foreign buyers place in the local market.

The association also said that the latest market figures are in line with recent observations made by the Central Bank of Malta and its Governor, Alexander Demarco, who stated that property prices in Malta had been somewhat undervalued over recent years, with this undervaluation gradually diminishing as prices move closer to fair value.

The MDA said that these official observations continue to confirm that the Maltese property market remains fundamentally supported by real economic activity, sustained demand, employment growth, and long term investment confidence, rather than speculative market behaviour.

The association further said that the sector continues to generate substantial economic activity across a wide range of industries and professions, including construction, manufacturing, financial services, legal professions, architecture, engineering, hospitality, retail, and other supporting sectors.

At the same time, the MDA said that economic success must continue to go hand in hand with responsible planning, improved infrastructure, environmental protection, higher quality standards, and policies that continue supporting accessibility to home ownership, particularly for younger generations.

During the current electoral campaign period, the Association encouraged all political parties to maintain a balanced and responsible approach towards housing, investment, infrastructure, planning reform, and sustainable economic growth.

The MDA reiterated that long-term stability, clear policies, efficient permitting processes, and continued collaboration between government, opposition, industry stakeholders, professionals, NGOs, and civil society remain essential to ensure that Malta continues building a property market that is sustainable, competitive, and beneficial for future generations.